A critical re-examination of the value and purchasing power of money over the long-term

Islamic scholars concentrated on value, whilst western economists gravitated towards the purchasing power theory and the quantity theory: the desire to manipulate the supply of money and its purchasing power in an attempt at stabilizing prices, in er to justify a theory of interest, by deeming that...

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Main Author: Adam Abdullah
Published: Terengganu: Universiti Malaysia Terengganu, 2012.
Subjects:
Summary:Islamic scholars concentrated on value, whilst western economists gravitated towards the purchasing power theory and the quantity theory: the desire to manipulate the supply of money and its purchasing power in an attempt at stabilizing prices, in er to justify a theory of interest, by deeming that money is a commodity that comes at a price, rather than taking the medium of exchange function of money to its logical conclusion as an instrument of transfer only
Item Description:FPE is an abbreaviation for Faculty Management and Economics
Physical Description:2v. (various pages): ill.; 30 cm..